Ayotte Jon 4

What Happened
Jon Ayotte, Chief Accounting Officer of EverQuote (EVER), disposed of a total of 1,432 shares in connection with the vesting of restricted stock units. On May 20, 2026 the company withheld 1,147 shares to satisfy tax withholding obligations (valued at ~$21,460 based on $18.71/share). On May 21, 2026 Ayotte sold 285 shares in the open market at $18.24/share for $5,198. These were disposals to cover taxes after an RSU vesting rather than an opportunistic market buy or a new purchase.

Key Details

• Transactions and amounts:
  • 2026-05-20 — 1,147 shares withheld by company (code F) at $18.71 — $21,460 (tax withholding from RSU vesting).
  • 2026-05-21 — 285 shares sold open market (code S) at $18.24 — $5,198 (10b5-1 plan sale).
• Total shares disposed: 1,432; combined proceeds/values ≈ $26,658.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes:
  • F1: Withheld shares represent tax withholding on RSU vesting; withholding amount based on closing price on May 20, 2026.
  • F2: The May 21 sale was executed under a Rule 10b5-1 trading plan (adopted Aug 4, 2022) to satisfy tax obligations; reporting person states sale was prearranged and not discretionary.
• Filing: Report filed May 22, 2026 — appears to be timely relative to the May 20–21 transactions.

Context
These transactions arose from the vesting of restricted stock units; the company withheld shares and a pre-established 10b5-1 plan was used to sell additional shares to cover tax obligations. Such tax-withholding and 10b5-1 plan transactions are routine and typically reflect tax logistics rather than a direct signal of the insider’s view on the company’s stock.